Fondaction has made a significant investment in EnerServ to enhance its service offerings and strengthen its market position within the Canadian energy sector.

Target Information

EnerServ, founded in 2011, is a leading independent provider of inspection, maintenance, and emergency repair services for turbines and alternators in Canada. The company primarily operates within the hydroelectric and biomass sectors and has built a reputation for excellence in maintaining and upgrading large equipment, much of which was installed in the mid-20th century. With a fleet of ten fully equipped mobile units, EnerServ is capable of providing on-site services to meet urgent client needs. The establishment of a new facility represents a vertical integration strategy that enhances their service offerings and strengthens their market position.

As a significant player in turbine and alternator maintenance, EnerServ is committed to responding to industry demands amidst a labor shortage. The company aims to extend its service offerings to include refurbishment of turbine-alternator components that cannot be repaired in situ, thereby boosting its operational capacity and creating approximately six new jobs, while also expanding its presence in Western Canada.

Industry Overview

The energy sector in Canada is a vital and robust industry, characterized by its focus on renewable resources such as hydroelectricity and biomass. With an annual market value estimated at $500 million, t

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Fondaction

invested in

EnerServ

in 2021

in a Growth Equity & Expansion Capital deal

Disclosed details

Revenue: $500M

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